THE SPAR GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1967/001572/06)
ISIN: ZAE000058517
JSE Code: SPP
("SPAR")
ACCEPTANCE OF SHARES BY DIRECTORS AND COMPANY SECRETARY
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, SPAR hereby advises its shareholders of the following acceptance of awards of shares by directors and the company secretary of SPAR in terms of The SPAR Conditional Share Plan ("CSP"):
Nature of transactions: | Acceptance of awards of shares in terms of the CSP |
Date of acceptance: | 11 August 2022 |
Class of securities: | Performance shares linked to SPAR ordinary shares |
in terms of the CSP vesting criteria | |
Vesting period: | Three years for annual award of performance shares |
Deemed value per award: | R142.83 |
Nature and extent of interest: | Direct beneficial |
On-market or off-market: | Off-market |
Clearance obtained: | Yes |
Name of director: | Brett Botten |
Number of shares: | 35 000 performance shares |
Total deemed value: | R4 999 050.00 |
Name of director: | Mark Godfrey |
Number of shares: | 23 100 performance shares |
Total deemed value: | R3 299 373.00 |
Name of company secretary: | Kevin O'Brien |
Number of shares: | 10 500 performance shares |
Total deemed value: | R1 499 715.00 |
Pinetown | |
12 August 2022 | |
Sponsor | |
One Capital |
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The SPAR Group Limited published this content on 12 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2022 12:54:07 UTC.